Parenting In India Costs 1.39 Crore: Is It A Bummer?

It is already known that India is one of the biggest countries in the world in terms of global population and the fact that the population has gone past 1.4 billion mark is a clear indication of the same.

In this context, we have an interesting discussion that has opened up after a video that is now going viral on social media, where we see a person breaking down the cost associated with raising a child in India.

A video by an influencer stating that it costs Rs.1.39 crore to raise a child up to 18 years in India has gone viral online. With the claim that Rs.75 lakhs alone is needed for education, netizens are discussing whether people are avoiding having children out of fear of these expenses.

This has even led to debate and discussion on social media on whether this is one of the main reasons why Indian parents have started to go easy on bringing life to children.

The kind of financial burden that is coming with raising children has become far too much to process for many parents, and this has become a major concern now.

But at the end of it, this is more of a biological choice than a financial choice because there will always be options to raise a child within the financial boundaries set by the parents.

So this is something that needs to be kept in mind during this discussion as negative population index is never a good sign for the country and India is on the verge of the same.